PARLIAMENTARY WRITTEN QUESTION
Foreign Investment in UK (11 November 2020)
Question Asked
To ask the Secretary of State for International Trade, what comparative assessment she has made of the level of inward investment into (a) the UK and (b) other European countries.
Asked by:
Andrew Griffith (Conservative)
Asked by:
Andrew Griffith (Conservative)
Answer
Latest ONS figures report that the UK’s inward Foreign Direct Investment (FDI) stock reached £1.5 trillion in 2018, a new record. According to UNCTAD, the UK held the 2nd highest FDI stock in the world in 2019, after the USA.
The Financial Times FDI Report found that the UK hosted more greenfield FDI projects than any other European country in 2019, with 1,271 landed ahead of Germany at 702 and Spain with 658.
Answered by:
Graham Stuart (Conservative)
19 November 2020
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